Key Market Indicators
New Zealand's spice consumption is projected to rise to approximately 6,600 metric tons by 2028, up from 6,000 metric tons in 2023. This represents an average annual growth rate of 1.3%. Since 2019, New Zealand's demand for spices has remained steady. In 2023, the country ranked 63rd globally in spice consumption, with Bulgaria surpassing it at the same 6,000 metric tons mark. Leading the rankings, Bangladesh, Indonesia, and Thailand occupied the second, third, and fourth positions, respectively.
